Caring Choices Inc (EIN 680337307) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

Barbara Hanna

Phone

5308640297

Tax Period

2024-01-01 to 2024-12-31

Caring Choices Inc, founded in 1993, is a micro nonprofit in the Human Services sector that reported $29K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $26K left a modest 11% surplus.

Mission

Caring Choices provides innovative, low or no cost health and wellness services to seniors, disabled adults, families affected by cancer, and persons living with HIV/AIDS. Caring Choices also assists individuals who have been affected by disasters or homelessness.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $920

Program Service Revenue $0

Investment Income $27,120

Other Revenue $1,347

TOTAL REVENUE $29,387

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,000

Other Expenses $25,276

TOTAL EXPENSES $26,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,387	$17,292	+0.7%
Expenses	$26,276	$511,920	-0.9%
Net Income	$3,111	$-494,628	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara Hanna	President	6.00	Officer Director	$0	$0	$0
Cynthia Kiser	Secretary	1.00	Director	$0	$0	$0
Thomas E Boyd	Treasurer	1.00	Director	$0	$0	$0
Georgie Bellin	Board Member	1.00	Director	$0	$0	$0
Terry Kirkham	Board Member	1.00	Director	$0	$0	$0
Tom Nicholas	Board Member	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$29,387	$26,276	$643,001	$3,111
2023	$17,292	$511,920	$642,083	$-494,628
2022	$119,993	$291,772	$1,136,617	$-171,779
2021	$937,120	$1,364,726	$1,368,381	$-427,606
2020	$1,446,533	$1,384,673	$1,796,968	$61,860
2019	$1,367,562	$1,088,905	$2,085,320	$278,657
2018	$2,423,912	$1,132,373	$1,651,703	$1,291,539

Caring Choices Inc